Delhivery share rose by over 9% (10:00 AM reporting time) on May 19, Monday after the company reported a strong financial results for the March quarter.
In the January–March period (Q4FY25), Delhivery reported a net profit of Rs. 72.56 crore. This is a big step up from the Rs. 68.47 crore loss it recorded in the same quarter last year. Compared to the previous quarter, when it posted Rs. 24.99 crore in profit, the Q4 number shows nearly three times more growth. This sharp jump in profit has been driven by better cost control and more efficient operations.
The company earned Rs. 2,191.57 crore in revenue from operations during the quarter. That’s a 5.6% increase compared to the same time last year. However, it is slightly lower than the previous quarter’s revenue of Rs. 2,378.30 crore. Despite the small drop in revenue from the last quarter, the company managed to improve its profit, which shows it is managing costs well and becoming more efficient.
Another important number is EBITDA, which tells us how much the company earned before paying interest and taxes. Delhivery EBITDA for the quarter was Rs. 119 crore, which is 160% higher than last year and 16.3% higher than the previous quarter. The EBITDA margin, which measures how much of the revenue turned into earnings, also improved to 5.4%. This suggests the company is doing a better job of turning its sales into actual profits.
Looking at the full financial year, Delhivery reported a net profit of Rs. 162.11 crore for FY25. This is a strong comeback compared to the Rs. 249.19 crore loss in the previous year. Annual revenue also went up by 10%, reaching Rs. 8,932 crore compared to Rs. 8,142 crore last year.
The company’s CEO and Managing Director, Sahil Barua, said that Delhivery continues to perform well in its main delivery business. He added that the company’s efforts to improve profits are working and that he expects this growth to continue in the new financial year.
In terms of parcel delivery, Delhivery shipped 177 million parcels during Q4, which is slightly more than the 176 million parcels it shipped in the same quarter last year. For the full year, it delivered 752 million parcels, up from 740 million the year before. This shows that even though the increase was small, customer demand has remained stable.
The Q4 results made the Delhivery stock price to rise as high as Rs. 350.80 on May 15, Monday. While it may look like a strong gain, but the stock is still 24% lower than its 52-week high of Rs. 461, which it had reached in May 2024. Earlier this year, the stock had fallen to Rs. 236.80 in March.
Despite being down over the last year, the stock has been climbing steadily in recent months. In May so far, it has gained 15.5%. That follows a 20% jump in April and a 2% rise in March.
With these results it looks like Delhivery has found their footing and if they keep up this momentum they will be able to win back the investors trust and might become one of the leading delivery partners in India.
